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Feb 19, 2020 10:35 PM

Bullish on CADJPY Long

FX:CADJPY60
Canadian Dollar/Japanese YenFXCM

Description

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We are bullish on CAD due to the overall positive tone and strength in Oil price; the CPI data bet the forecast. However, we are bearish on Yen owing to China's stimulus hopes and the drop in new virus cases.
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